348# Hama Scalping System
Price Action scalping system
Submit by Maximo Trader 06/06/2013
This is a price action scalping system based on x 3 Semafor indicator and FTI Hama system.
Time Frame 5min, .
Currency pairs: any.
FTI Hama System,
daily open line,
Pivot points level(use only for time frame 5 min, 15 min, and 30min ),
Wait the circle on top (red or light blue, followed by PA tenkan line crosses down moving average. Confirmed downtrend, If the price is below red HAMA System and
MACD Histogram is red.
Wait the circle on Bottom (red or light blue, followed by PA tenkan line crosses up moving average. Confirmed uptrend, If the price is below Blue HAMA System and
MACD Histogram is Blue.
Exit position otions:
WhenFTI Hama system changes color;
on the pivot points levels;
With ptofit Target predetermined by currency pairs an d time Frame;
Place stop loss on the previous swing.
This Scalping System is good also for trade on the Binary options see version for trading on the Binary Options.
In the pictures Hama Scalping System forex system in action.
Share your opinion, can help everyone to understand the forex strategy.